Awards for Outstanding Achievement

Gudatu Saving and Credit Cooperative (SACCO), or rural bank, of The Hunger Project’s Jaldu Epicentre in Ethiopia has been awarded two cups and certificates for its outstanding work in mobilising the highest number of women members and the highest saving amounts among other SACCOs at the regional and federal levels.

Ethiopia SACCO Jaldu Microfinance Cup AwardThe awards were handed over to the SACCO chairperson, Mrs Ayantu Dube, by Mr Alemayehu Atomsa, Oromia Administrative Region President, on February 28, 2013 at Adam City and by Mr. Hailemariam Desaleny, Prime Minister of the Federal Democratic Republic of Ethiopia, on March 2, 2013 at Bahir Dar City, respectively.

The initial certificate award was prepared by the Oromia Regional Government Agricultural and Rural Development office on the occasion of the 6th Regional Farmers and Agro Pastoralists Festival celebration at Adama City. Following this, as the first of three SACCOs elected from the region, the Gudatu SACCO received its second award at Bahir Dar City on a similar occasion celebrated at the federal level. The certificate stated that the SACCO “is awarded for having contributed a lot in realising the agricultural and rural development policy and strategy to enhance the agricultural production and productivity and for their active contribution in implementing the five years Growth & Transformation Plan.”

Both events were covered on regional and national radio and television programmes.

Read more and explore how our programmes are ending hunger throughout Ethiopia

Currently, the SACCO has 1,330 members of which 934 are women. As of the end of 2012, the members had mobilised and deposited a total of birr223,539 (approximately £8,000) in their savings accounts.